Wall Street firm calls for Disney to shut down ABC, move content to streaming after Jimmy Kimmel drama

New York PostTuesday, September 23, 2025 at 3:48:22 PM
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Wall Street firm calls for Disney to shut down ABC, move content to streaming after Jimmy Kimmel drama
A Wall Street firm has urged Disney to shut down ABC and shift its content to streaming platforms following the recent drama involving Jimmy Kimmel. The firm, Needham, argues that the Federal Communications Commission's intervention has made broadcasting licenses too costly and unstable for Disney shareholders. This shift could significantly impact Disney's traditional broadcasting model and reflect broader trends in the media industry, where streaming is becoming increasingly dominant.
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